COLLOQUIUM An Economic Optimization Strategy for Residential Micro Combined Heat and

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COLLOQUIUM
An Economic Optimization
Strategy for Residential
Micro Combined Heat and
Power Units
Emrah Gunel
Master’s Degree Thesis Presentation
Western Illinois University
Abstract
This thesis investigates the problem of integrating micro combined heat
and power (micro CHP) systems in households to fulfill residential
energy requirements. The micro CHP system is able to generate both
useful electricity and thermal energy from a single source of fuel, such
as oil or natural gas. In this study, comparisons are made between
micro CHP systems and existing systems with respect to efficiency,
environmental impact, and economic benefits. Then the cost
minimization problem for energy usage of a household equipped with a
micro CHP system is solved.
We consider the case where the micro CHP system replaces the
existing hot water tank. Models are developed for both the micro CHP
system and the current system with a hot water tank and the daily cost
optimization problem is presented for the micro CHP system.
Conditions are derived under which the problem becomes a convex or
non-convex optimization problem and the solution of the cost
minimization problem is obtained for both cases. Finally, cost benefits
are shown for several occupancy patterns by comparing models both
with and without a micro CHP system.
Department of
Mathematics
Thursday,
June 14th, 2012
3:00 p.m.
204 Morgan Hall
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